2min chapter

#475: Mr. Money Mustache — Living Beautifully on $25-27K Per Year (Repost)

The Tim Ferriss Show

notes

CHAPTER

What Did It Feel Like When It Was Finally Done?

i basically had to buy out the company. That day was kind of like, you know, we're like frowning at each other over the lawyers table,. And then since then, that, that lifted the weight off me, and then everything was so much better. It really taught me a lot about happiness. Because this negativity in my life, or at least i was choosing to perceive it negatively, it was washed away. Then suddenly i was happier than i could have ever imagined being a because i had gone through this somewhat hellish situation and then removed the negative.

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Transcript

Episode notes

Mr. Money Mustache (@mrmoneymustache — Pete Adeney in real life) grew up in Canada in a family of mostly eccentric musicians. He graduated with a degree in computer engineering in the 1990s and worked in various tech companies before retiring at age 30. Pete, his wife, and their now eleven-year-old son live near Boulder, Colorado, and have not had real jobs since 2005.

This begs the question of “How?” In essence, they accomplished this early retirement by optimizing all aspects of their lifestyle for maximal fun at minimal expense, and by using basic index-fund investing. Their average annual expenses total a mere $25-27,000, and they do not feel in want of anything.

Since 2005, all three of them have explored a free-form life of interesting projects, side-businesses, and adventures.

In 2011, Pete started writing the Mr. Money Mustache blog about his philosophy, which has grown to reach about 23 million different people (and 300 million page views) since its founding. It has become a worldwide cult phenomenon, with a self-organizing community and incredible news coverage. This episode explores his story, philosophies, and routines.

Please enjoy!

This episode originally aired in 2017. You can find the show notes here: https://tim.blog/2017/02/13/mr-money-mustache/

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